Business Desk 
Nov 04, 2025
In the wake of digital payments becoming increasingly popular in Pakistan, digital wallets accounted for 93% of online purchases, with debit or credit cards accounting for 7%, according to the State Bank of Pakistan's annual Payment Systems Review for FY25.
According to the SBP data, around Rs684 million e-commerce transactions were made in FY25 using accounts or digital wallets, while only Rs52m were made using debit or credit cards.
Retail payments have also grown significantly, reaching Rs9.1 billion transactions worth Rs612 trillion, up 38% and 12% annually, respectively.
Over 88% of retail payments now come through digital channels, up from 78% in FY23 and 85% in FY24.
A notable surge was also reflected in the use of payment cards, particularly debit cards, with card-based payments showing a 41% annual growth.
POS terminals were essential in making it possible to accept digital payments; they processed almost a million transactions every day, totalling Rs378m transactions worth Rs2.1 trillion.
Mobile app-based banking and internet banking also experienced notable growth, with transactions totalling Rs97.0 trillion and Rs39.2 trillion, respectively.
The future of financial transactions in Pakistan will be shaped by the increasing adoption of practical and affordable payment methods, as evidenced by the growing use of digital payments.
